Foundations Investment Advisors expands Rocket Lab stake

Foundations Investment Advisors LLC increased its holdings in Rocket Lab Corporation by 20.8% during the fourth quarter, bringing its total to 91,175 shares worth about $6.36 million. The fund’s purchase of 15,719 shares follows similar adjustments by other investors, including Aventura Private Wealth, UMB Bank, EverSource Wealth Advisors, V Square Quantitative Management and DecisionPoint Financial, which together keep institutional ownership at roughly 71.8% of the company’s stock.

Analyst coverage of Rocket Lab remains broadly positive. TD Cowen lifted its price target to $120 and upgraded the rating to "Buy," while Wells Fargo set a $60 target with an "Equal Weight" rating. Other analysts issued a mix of strong‑buy, buy, hold and sell opinions, resulting in an average market rating of "Moderate Buy" and a price target near $97.

Recent insider transactions show senior vice‑president Arjun Kampani selling 70,000 shares for $10.16 million and chief financial officer Adam Spicesold disposing of 62,744 shares for $4.37 million, both executed under pre‑arranged trading plans.